Mahabir Prasad Agrawal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Mahabir Prasad Agrawal, on behalf of himself and Persons Acting in Concert (PACs), has submitted a nil encumbrance declaration to the exchanges for the financial year ended 31st March 2026. The disclosure confirms that no shares of the company were pledged or encumbered during this period. The promoter group collectively holds 6,08,08,767 shares representing 57.46% of total share capital. Sushil Kumar Agrawal is the largest individual shareholder with 30.32% stake, followed by Shailaja Agrawal with 11.95%. All shareholdings show NIL encumbrance.
This is a positive disclosure for shareholders as it confirms the promoter group has not pledged their shares, indicating no immediate risk of forced selling or stake dilution through encumbrance. The promoters maintain a stable 57.46% holding.